For the quarter ending 2025-09-30, PCT had -$50,691K decrease in cash & cash equivalents over the period. -$42,357K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -28,370 | -135,408 |
| Equity-based compensation | 2,903 | 9,765 |
| Change in fair value of warrants | -23,745 | 25,626 |
| Change in fair value of derivative | 0 | 3,443 |
| Depreciation expense | 7,262 | 14,613 |
| Amortization of debt issuance costs and debt discounts | 6,188 | 11,147 |
| Accretion of discount on debt securities | 0 | 0 |
| Operating lease amortization expense | 1,147 | 2,251 |
| Loss on extinguishment of debt | 0 | 0 |
| Loss on disposal of equipment | 0 | -3,765 |
| Impairment of operating right-of-use asset | 0 | 0 |
| Other | -938 | - |
| Accounts receivable | -531 | 2,126 |
| Inventory | -35 | 2,673 |
| Prepaid expenses and other current assets | 2,257 | -478 |
| Prepaid expenses and other noncurrent assets | 43 | -1,011 |
| Accounts payable | -239 | -1,823 |
| Accrued expenses and other current liabilities | -1,196 | 618 |
| Accrued interest | -616 | 2,436 |
| Other noncurrent liabilities | 0 | 0 |
| Operating lease right-of-use liabilities | -1,000 | -1,827 |
| Net cash used in operating activities | -38,462 | -75,590 |
| Purchase of property, plant and equipment | 3,895 | 23,609 |
| Purchase of debt securities, available for sale | 0 | 0 |
| Sale and maturity of debt securities, available for sale | 0 | 0 |
| Proceeds from exercise of warrants | - | 5,400 |
| Net cash (used in)/provided by investing activities | -3,895 | -23,609 |
| Proceeds from issuance of series b convertible perpetual preferred stock-Series B | 0 | 300,000 |
| Proceeds from issuance of series a preferred shares, inclusive of put option-Series APreferred Stock | 0 | - |
| Proceeds from issuance of common stock | 155 | 33,307 |
| Proceeds from issuance of revenue bonds-Third Party | 0 | 16,808 |
| Proceeds from issuance of revenue bonds-Related Party | 0 | 10,063 |
| Payments on related party revenue bonds | 0 | 535 |
| Payment to purchase revenue bonds | 0 | 0 |
| Proceeds from revolving credit facility and related party note payable-Related Party | 0 | 14,900 |
| Payments on revolving credit facility and related party note payable-Related Party | 0 | 14,900 |
| Proceeds from exercise and issuance of warrants | 6,616 | - |
| Proceeds from equipment lease financing | 0 | - |
| Payments on equipment financing | 3,366 | 4,297 |
| Preferred stock and debt issuance costs | 6,624 | 1,000 |
| Payments to repurchase shares | 1,727 | 2,800 |
| Other financing activities | 2,012 | -1,314 |
| Net cash provided by/(used in) financing activities | -8,334 | 355,632 |
| Net increase/(decrease) in cash and restricted cash | -50,691 | 256,433 |
| Cash and cash equivalents at beginning of period | 41,511 | - |
| Cash and cash equivalents at end of period | 247,253 | - |
PureCycle Technologies, Inc. (PCT)
PureCycle Technologies, Inc. (PCT)